cutter2711

Indian Oil Corp. Trend Analysis

Long
NSE:IOC   INDIAN OIL CORP
As we mark some trendlines and used some random indicators and in the end we have got the result that it may b give a breakout in bearish side.
if it breaks the trend line in bearish side the 1st price target will be 117.60 and 2nd price target will be 117.

if the trend breakout moves in bullish side then the 1st price target will be 119.55.

but the important part is you have to wait until it breaks the trend line pattern in bullish or bearish side. first you have to confirm the trend and then enter in the trade...

i hope my judgement is true as i am not a professional trader i am a new bee trader...
if am wrong then please let me know....

hope for the best.....

Thanks in Advance....